Director dealings: Telecom Plus chairman offloads 2.5m shares

Telecom Plus revealed on Friday that chairman Charles Wigoder had disposed of 2.5m ordinary shares in the FTSE 250-listed telecommunications firm.

Wigoder, who joined TEP shortly after its formation in 1998, sold the shares at an average price of 1,350p, for a total value of £33.75m.

Telecom Plus said Wigoder offloaded the shares as part of an effort to meet "strong institutional demand" and "enable him to diversify his personal investment portfolio".

As of 1700 BST, TEP shares were down 4.56% at 1,380p.

Top Director Buys

Telecom Plus (TEP)
Director name: Lawson,Melvin
Amount purchased: 700,000 @ 1,350.00p
Value: £9,450,000.00

Hansa Investment Company Limited 'a' Non Vtg (di) (HANA)
Director name: Salomon,William
Amount purchased: 1,100,000 @ 155.00p
Value: £1,704,999.95

Goldplat (GDP)
Director name: Ntsaluba,Sango Siviwe
Amount purchased: 150,000 @ 520.00p
Value: £779,999.97

Hansa Investment Company Limited 'a' Non Vtg (di) (HANA)
Director name: Salomon,William
Amount purchased: 500,000 @ 154.88p
Value: £774,400.00

Transense Technologies (TRT)
Director name: Segal,Melvyn
Amount purchased: 8,000 @ 5,600.00p
Value: £448,000.00

Transense Technologies (TRT)
Director name: Rogers,Nigel
Amount purchased: 4,350 @ 5,700.00p
Value: £247,950.00

Transense Technologies (TRT)
Director name: Rogers,Nigel
Amount purchased: 4,350 @ 5,700.00p
Value: £247,950.00

Hsbc Holdings (HSBA)
Director name: Guggenheimer,Steven (Steve)
Amount purchased: 5,000 @ $23.58
Value: $97,221.08

Urban&civic (UANC)
Director name: Barlow ,Ian
Amount purchased: 30,000 @ 216.50p
Value: £64,950.00

Crest Nicholson Holdings (CRST)
Director name: Nicholson,Tom
Amount purchased: 22,485 @ 221.20p
Value: £49,736.82

Intermediate Capital Group (ICP)
Director name: Abersoch,Davies of
Amount purchased: 2,972 @ 1,266.00p
Value: £37,625.52

Crest Nicholson Holdings (CRST)
Director name: Ferguson,Iain
Amount purchased: 15,000 @ 216.82p
Value: £32,523.00

Crest Nicholson Holdings (CRST)
Director name: Ferguson,Iain
Amount purchased: 15,000 @ 210.32p
Value: £31,547.55

Horizon Discovery Group (HZD)
Director name: Gilham,Ian David
Amount purchased: 25,000 @ 99.99p
Value: £24,997.50

Crest Nicholson Holdings (CRST)
Director name: Ferguson,Iain
Amount purchased: 10,000 @ 218.06p
Value: £21,806.35

Crest Nicholson Holdings (CRST)
Director name: Ferguson,Iain
Amount purchased: 10,000 @ 213.94p
Value: £21,393.90

Horizon Discovery Group (HZD)
Director name: Searle,Susan
Amount purchased: 10,000 @ 101.10p
Value: £10,110.00

Trackwise Designs (TWD)
Director name: Hodgkins,Mark
Amount purchased: 11,000 @ 86.85p
Value: £9,553.50

Horizon Discovery Group (HZD)
Director name: Searle,Susan
Amount purchased: 5,309 @ 101.06p
Value: £5,365.28

Cadogan Petroleum (CAD)
Director name: Khallouf,Fady
Amount purchased: 192,031 @ 2.60p
Value: £4,992.81

Top Director Sells

Telecom Plus (TEP)
Director name: Wigoder,Charles
Amount sold: 2,500,000 @ 1,350.00p
Value: £33,750,000.00

Renishaw (RSW)
Director name: Deer,D John
Amount sold: 10,000 @ 3,905.00p
Value: £390,499.99

Speedy Hire (SDY)
Director name: Morgan ,Chris
Amount sold: 449,293 @ 59.08p
Value: £265,449.50

Brooks Macdonald Group (BRK)
Director name: Connellan,Caroline
Amount sold: 3,507 @ 1,650.00p
Value: £57,865.50

Brooks Macdonald Group (BRK)
Director name: Connellan,Caroline
Amount sold: 1,546 @ 1,650.00p
Value: £25,509.00